Founder of Riga-based theIntelligent VC Andrei Doktoroff acquires application for creating stores on Telegram Sellz

The founder of Riga-based theIntelligent VC Andrei Doktoroff has acquired an application for creating stores on Telegram Sellz. The investor plans to launch it as a startup next year with a new team. In the near future, the company will also focus on improving customer support, promoting the product, and raising an investment round.

Sellz is a bot service that allows users to create an online store on Telegram without the help of a developer. It enables adding categories of digital products, such as eBooks, music, videos, fonts, and designs, as well as physical products - clothing, cosmetics, food, electronics, and home decor, directly through Telegram, select the desired payment, and start selling. Sellz has premium features such as payment provider integration. Customers of the store need to send the /start command to the bot, which will display a button that links directly to the store.

Founded in Riga, theIntelligent VC is a venture company focused on early-stage AI-powered startups. To receive investment, the startups must demonstrate "at least minimal" traction through sales, contracts, or other tangible indicators of market validation. Partners of the VC are Andrei Doktoroff and Tetiana Doktorova.